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Retirement tax questions
Social security is no longer your only source of income for the tax year in question.
You sold your home.
Generally, the IRS expects you to report your home sale if you received a 1099-S.
if your gain is below $250,000 (500,000 is married) and you meet the other conditions, then all the gain is not eligible for taxation and your tax is zero.
your Social security will not be impacted.
‎February 24, 2023
6:34 AM